Audrey Greenberg has joined the firm in its Los Angeles office as chief financial officer of CB Richard Ellis Investors' value-added real estate funds series.
1 min read · 21 January 2013
Siraj Dadabhoy and Michael Betancourt have launched their own private equity real estate group to target loan-to-own transactions and distressed real estate assets in large US cities.
2 min read · 21 January 2013
Less than two months after acquiring Oriental Brewery in a blockbuster deal, KKR is selling half the brewer to Affinity Equity Partners for $400m.
2 min read · 21 January 2013
Simon Walker has called for private equity to be exempted from the EU directive on alternative investment fund managers, an appeal some have described as ‘wishful thinking’ and ‘unfortunate’.
2 min read · 21 January 2013
The Philadelphia-based firm has raised $23 million to date for its second property fund. It will target under- and non-performing first mortgage loans in the region.
1 min read · 21 January 2013
Jadwa Investment Company is reportedly looking to invest a sizeable portion of its capital in the US and UK, and is already eyeing a £700m transaction in Britain with European property investor CIT, according to the Financial Times.
1 min read · 21 January 2013
Last week, PERE incorrectly reported that Wetherly Capital was named in a complaint brought by New York State Attorney General Andrew Cuomo. In fact, the Los Angeles-based firm was cited in the complaint.
1 min read · 21 January 2013
Denis Tse from CDIB Capital will oversee LMIM's private equity and private equity real estate fund commitments in Asia.
1 min read · 21 January 2013
The emerging markets giant has hired Ngozi Edozien, who last year founded the Equity Vehicle for Health in Africa.
2 min read · 21 January 2013
The Denver based logistics firm in the midst of a restructuring process has appointed a new chief financial officer and a head of treasury for its European operation. The appointments come in the same week the company revealed it had completed $561 million of asset disposals this quarter.
2 min read · 21 January 2013